Caution Concerning Forward Looking Statements

Statements on this site (whether in the financial reports, press releases, filings with the SEC or otherwise) that are not historical facts are forward-looking statements, including, but not limited to, statements about (1) projections of revenues, expenses, income or loss, earnings or loss per share, cash flow or other financial items; (2) statements of our plans and objectives, including those related to product releases; (3) statements of future financial or operating performance; (4) statements about the impact of the transactions involving the repurchase of shares from Vivendi, S.A., and the debt financing related thereto; and (5) statements of assumptions underlying such statements. Activision Blizzard generally uses words such as “outlook,” “forecast,” “will,” “could,” “should,” “would,” “to be,” “plan,” “plans,” “believes,” “may,” “might,” “expects,” “intends,” “intends as,” “anticipates,” “estimate,” “future,” “positioned,” “potential,” “project,” “remain,” “scheduled,” “set to,” “subject to,” “upcoming” and other similar expressions to help identify forward-looking statements.

Forward-looking statements believed to be true when made may ultimately prove to be incorrect. Forward-looking statements are subject to business and economic risk, reflect management’s current expectations, estimates and projections about Activision Blizzard’s business, and are inherently uncertain and difficult to predict. Activision Blizzard cautions that a number of important factors could cause the company’s actual future results and other future circumstances to differ materially from those expressed in any forward looking statements, including, but not limited to, the factors identified in “Risk Factors” included in Part I, Item 1A of Activision Blizzard’s most recent annual report on Form 10-K and other filings with the SEC. Users of this site are referred to such filings.

Activision Blizzard may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the company’s assumptions or otherwise. Activision Blizzard disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the making of the forward-looking statement.